Walt Disney Co. Financial Statement

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Starion
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Walt Disney Co. Financial Statement

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Full report of Results of operation,:
http://biz.yahoo.com/e/030814/dis10-q.html
Net income for the quarter increased 10%, or $36 million, to $400 million....Revenues for Studio Intertainment $1.4 billion, driven by increases of $179 million in worldwide theatrical motion picture distribution and $105 million in international home video

...Net income for nine months was $885 million

Studio Entertainment

Revenues increased 11%, or $500 million, to $5.2 billion, driven by increases of $374 million in worldwide home video and $275 million in worldwide theatrical motion picture distribution, partially offset by a decrease of $121 million in television distribution. Worldwide home video increases reflected stronger DVD and VHS sales of Lilo & Stitch, Beauty & the Beast, Signs and Sweet Home Alabama compared to the prior-year period, which included Pearl Harbor, Snow White and the Seven Dwarfs and Atlantis. Growth in worldwide theatrical motion picture distribution revenue reflected the strong performances of Finding Nemo, Chicago, The Santa Clause 2, Bringing Down the House and Sweet Home Alabama compared to the prior-year period, which included Disney/Pixar's Monsters, Inc. and Lilo & Stitch. The decline in television distribution primarily reflected higher domestic syndication revenues in the prior-year period for the sale of Home Improvement.

Segment operating income increased from $198 million to $415 million, due to growth in worldwide theatrical motion picture distribution and worldwide home video. Costs and expenses increased 6%, or $283 million, driven by increases in worldwide theatrical and worldwide home video, partially offset by decreases in television distribution. Higher costs in worldwide theatrical motion picture distribution reflected higher distribution costs for current-period titles, which included Treasure Planet, Finding Nemo, Chicago and The Santa Clause 2. Cost increases in worldwide home video also reflected higher distribution expenses for current-period titles, including Lilo & Stitch and Beauty & the Beast. Lower costs in television distribution reflected lower production cost amortization and participation expense related to lower domestic syndication revenues in the current quarter.

Consumer Products

Revenues decreased 5%, or $87 million, to $1.8 billion, reflecting declines of $139 million at The Disney Store and $16 million at Buena Vista Games, partially offset by increases of $47 million at merchandise licensing and $22 million at publishing. The decline at The Disney Store reflected the sale of the Disney Store business in Japan in the prior year, as well as lower comparative store sales and fewer stores in North America.

Fewer Disney Stores results in lower consumer product income? Hmm.

Full report of Results of operation,:
http://biz.yahoo.com/e/030814/dis10-q.html
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